AT&S Austria Technologie & Systemtechnik AG

Capital/Financing Update • Dec 16, 2005

News Details

Ad-hoc | 16 December 2005 08:28

AT&S reduces profit guidance for running fiscal year due to one-time-effects

Ad hoc announcement transmitted by DGAP. The issuer is solely responsible for the content of this announcement. —————————————————————————— AT&S will not reach its full year earnings target due to one-time-effects reaching EUR 4 million, mainly due to the consequences of a technical problem during the relocation of the Fohnsdorf plant as well as to additional costs of the restructuring in India. The management now estimates that the Earnings per Share (EPS) will reach EUR 1.10 instead of EUR 1.25. These one-time-effects do not have consequences on either the sales guidance of AT&S (EUR 375 mil. for 05/06) or on the ongoing buisiness. All AT&S plants are fully loaded and this situation will last, from today’s point of view, until the end of this financial year as well as for the next year. Concerning the mentioned technical problem, which occurred during the relocation of the Fohnsdorf plant into the Leoben plant, the ramp-up of a complete production process (photo process) did not work. In order to meet the customers requirements, AT&S was obliged to off-load this production process to a third party. This resulted in a delay in the production of the Fohnsdorf plant as well as in a reduced sales figure for November. The additional production through an external company also negatively influenced the cost situation and has resulted in increased logistic expenses. For more information please contact René Berger, IRO, tel. +43 1 68300 9215, e-mail: r.berger@ats.net. AT&S Austria Technologie & Systemtechnik AG Fabriksgasse 13 8700 Leoben Austria ISIN: AT0000969985 (TecDAX) WKN: 922230 Listed: Geregelter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin- Bremen, Düsseldorf, Hamburg, Hannover, München und Stuttgart End of ad hoc announcement (c)DGAP 16.12.2005